Over the course of the last few weeks I've become more and more bullish. Sure, there's a lot of bad macro news, but I'm 100% sure that the worst is behind us at this point.
Looking at the dotted trendline, it lines up perfectly with past bear-market bottoms and can potentially line up with the current bear-market bottom around $15,5k. Wouldn't be surprised if $15,5k was the bottom and we're not going any lower here onwards.
Interestingly enough, the current bear market has bottomed at EXACTLY the same number of weeks as the past: 51 weeks.
Do you think that $15,5k was the bottom? If not, please share your thoughts & charts on why we have to go lower.
Below are a few of my more recent long-term bullish Bitcoin charts.